Edition:
United Kingdom

Stine Jacobsen

Nord Stream 2 seeks updated permit to complete pipeline in Danish waters

16 Jun 2020

COPENHAGEN/MOSCOW The Nord Stream 2 has requested a permit allowing it to use pipe-laying vessels with anchors to complete the final roughly 120-kilometre stretch of pipeline in Danish waters, Denmark's energy agency (DEA) said on Tuesday.

UPDATE 2-Nord Stream 2 seeks updated permit to complete pipeline in Danish waters

16 Jun 2020

* U.S. senators announce fresh sanctions bill (Adds Nord Stream 2 comment, background)

Novo Nordisk's drug sales boosted by virus-related stockpiling

06 May 2020

COPENHAGEN The world's top maker of diabetes drugs Novo Nordisk beat profit and sales forecasts in the first quarter and kept its full-year outlook as diabetics stocking up during the coronavirus pandemic led to a surge in demand for its medicines.

Turbine maker Vestas posts operating loss, hit by higher costs

05 May 2020

COPENHAGEN Leading wind turbine maker Vestas posted an unexpected first-quarter operating loss despite strong sales and a healthy order book, weighed down by project delays as well as higher costs that were partly down to the COVID-19 pandemic.

Juggling coronavirus and economy, Denmark readies to ease lockdown

03 Apr 2020

COPENHAGEN Denmark is expected this weekend to reveal plans to relax its coronavirus lockdown, becoming the first country outside Asia to do so, reasoning that the risks of a deep recession may now be more dangerous for Danish society than a second outbreak.

UPDATE 2-Wind turbine firms close Spanish factories as coronavirus restrictions tighten

01 Apr 2020

* Siemens Gamesa has closed eight plants in Spain (Recasts with Vestas, Siemens Gamesa, context)

Boom in Denmark's economy may be replaced by 10% contraction, central bank says

01 Apr 2020

COPENHAGEN A boom in Denmark's economy may be replaced by a contraction of as much as 10% this year as the coronavirus outbreak hits the Nordic economy, the country's central bank said on Wednesday.

Container shipping firms brace for coronavirus hit to trade

20 Mar 2020

FRANKFURT/COPENHAGEN Leading container shipping firm A.P. Moller-Maersk scrapped its 2020 earnings forecast on Friday, while rival Hapag-Lloyd warned of slowing growth until at least June, as the coronavirus pandemic takes a heavy toll on global trade.

SAS to halt most flights, temporarily lay off 90% of staff

15 Mar 2020

COPENHAGEN/STOCKHOLM Airline SAS will temporarily halt most of its flights from Monday until conditions for commercial aviation improve, it said, as demand for flights has "more or less disappeared".

Denmark should sharply increase carbon tax to meet emissions target: government adviser

09 Mar 2020

COPENHAGEN Denmark should sharply increase its carbon tax to help meet the cost of reaching its 2030 target to cut greenhouse gas emissions by 70% from 1990 levels, the Danish Council on Climate Change said on Monday.

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